MD HB489 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 24 2020 - 25% progression, died in committee
Action: 2020-01-28 - Hearing 2/20 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing certain business entities a credit against the State income tax for the cost of hiring student employees who attend a high school at which at least 80% of the registered students are eligible for the federal free or reduced price meal program and who work for the business entity for at least 3 months and at least 20 hours each week during the employment period; providing that the credit may not exceed $5,000 for any taxable year; applying the Act to all taxable years beginning after December 31, 2019; etc.

Tracking Information

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Title

Income Tax Credit - Student Employees

Sponsors


History

DateChamberAction
2020-01-28HouseHearing 2/20 at 1:00 p.m.
2020-01-24HouseFirst Reading Ways and Means

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Tax - General10751(n/a)See Bill Text

Maryland State Sources


Bill Comments

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